Adapt IT inks sponsorship for Fintech Summit in Nairobi

Laura Chite, CEO CIO East Africa and Nyesha Mutsekwa, Regional Sales Executive for Adapt IT East Africa during the signing of the sponsorship
(Photo by Arthur Kuwashima)

Adapt IT, a steadily growing and innovative ICT company based in South Africa serving customers in 40 countries of the world, has signed a pact with CIO East Africa to host the forthcoming second Fintech Summit slated on the 22nd and 23rd May at the Villa Rosa Kempinski hotel in Nairobi, Kenya.

Themed to Collaborate and Innovate the Financial Services Industry, the Summit is purposed to bring together top-tier financial technology (Fintech) industry players, policymakers, innovators, investors and decision-makers from Banks, Insurances and SACCOs.

“We express our gratitude to partners making this invaluable engagement happen at a time when the fastest and most attractive services are inclined towards innovation solutions and applications that will spur the economic growth,” said Ms Laura Chite, CEO CIO East Africa in appreciation for the deal.

Adapt IT leads in the ICT market through the provision of software solutions to the Education, Manufacturing, Energy, Financial Services, Communications and Hospitality sectors with its Financial solutions specialized in the design, development and deployment of software solutions for financial professionals for more than 21 years.

“This is the second time CIO East Africa is hosting the Fintech Summit following its demand by the financial services industry. The Summit is purposed to reshape the industry as it gears towards financial inclusivity, innovation and collaboration in this era of digital economy,” added Ms Chite.

AdaptIT recently signed a memorandum of understanding (MoU) with Strathmore University Business School to introduce CaseWare Certification program for undergraduate students. A move meant to help bridge the unemployment gap that continually grows among university graduates and enable Strathmore graduates gain a competitive edge in the job industry.

A research from Statista’s latest report on Africa and Middle East, shows that the transaction value in the Fintech market amounts to US$6.89billion in 2018. Incidentally, more Fintech companies are leveraging on technology to provide innovative financial service, including payment, lending, savings, financial advice and financial infrastructure, resulting in greater efficiency, better service and lowering of costs.

Fintech is no longer about digitizing existing financial products but about integrating financial services into applications and services used every day.

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